People relocating to either of these cities need to know the difference between Houston and Arlington regarding real estate. To pick the right place they also need a clear understanding of the cities’ cost of living.
Houston has an estimated population of about 2,320,268 as recorded in 2009. It is the most populous city in Texas and the 6th most populous city in North America. The city is located in Harris County and it is the principal city of the Greater Houston metropolitan area.
Arlington has an estimated population of 398,854 making it the second-largest city in Tarrant County, Texas. The city is also the 7th most populous city in Texas and the 49th most populous in the United States.
Houston and Arlington Average Property Purchase Price
The rate of homeownership as recorded by NeighborhoodScout is at 43.3%. This means more than half of the people living in Houston are renters. This is because the price of owning a house in Houston is always on the rise.
Owning a home in Arlington is more expensive when compared to owning a house in Houston. Statistics show that owning a home in Arlington is 4.2% more expensive than in Houston. So it is important that you also bear this in mind when moving to any of these beautiful cities.
Getting a comfortable home in Houston can cost you an estimated amount of $237,900. While it costs an estimated price of $310,400 to get a comfortable home in Arlington. Despite the price, homes in Houston is usually more valuable than homes in other cities of Texas.
Price Differences Between Houston and Arlington in of Rents
If you are unable to afford to buy a house or see yourself moving soon, it is better to rent. Renting a house in Houston is cheaper compared to renting in Arlington and other major cities in Texas.
You can rent a two-bedroom apartment for about $1,019 monthly while renting a two-bedroom apartment in Arlington will cost you an estimated price of $1,413. A one-bedroom apartment goes for $833 per month in Houston and $890 in Arlington.
Conclusion
The cost of living is generally less expensive in Houston than in Arlington. The cost of living in Arlington is 3% higher than the national average cost which makes it one of the most expensive places in Texas to live in. while the general cost of living in Houston is 2% lower than the national average.
With this in mind, you can then decide which of the two cities you can afford to live in based on the cost of both buying and renting of houses. Other factors such as transportation, schools, access to medical aid should also be considered.
